Luno strives to be an affordable place to buy, sell, trade, store and use Bitcoin. We aim to have a transparent fee structure, without hiding any costs from our customers. The following fees may apply when using our products.
Luno only levies a fee for local currency deposits in cases where we incur costs to receive your funds. Full details, here.
When you withdraw local currency from Luno to your bank account, a small fee may apply. This admin fee is levied by our financial partners. Full details, here.
Luno levies a nominal fee for send and receive Bitcoin transactions, regardless of the size of the transaction. Full details, here.
When you use the Instant buy or sell feature on the website or mobile application, we will show you the full price that you will pay for the transaction and no extra fees will be levied.
Example of buying 0.01 BTC on desktop or mobile - the total amount in local currency that will be deducted for the transaction shown
The Luno Exchange uses a maker-taker model, with market makers (adding liquidity) paying no fees and market takers paying a nominal fee. Details about the fees can be found here.
For a detailed explanation and example of how fees are calculated on the Luno exchange, click here.